The development of energy storage is widely recognized as a key requirement for improving grid efficiency, maximizing the value of intermittent wind and solar generation, and meeting rising peak electrical demand.

Until now, utilities have had limited options available to generate or purchase additional electricity or reduce load when demand for power is highest. Ice Energy’s utility-scale, distributed energy resource and storage technology fundamentally alters that equation.

Ice Energy’s distributed energy storage solution enables utility companies, for the first time, to use cleaner, less expensive and more abundant off-peak power to produce and store energy for use during subsequent periods of peak demand at thousands of sites throughout a service area, effectively lowering peak demand and the cost of serving it.

The widespread installation by utilities of Ice Energy’s ice-based energy storage technology directly on individual commercial buildings has the potential to permanently shift as much as 40% of peak energy demand to off-peak hours. In the aggregate, this represents a significant new asset-based, sustainable energy resource equivalent to hundreds of megawatts for utilities.

For utilities, Ice Energy delivers a scalable, reliable solution for addressing the growing problem of peak demand, controlling costs, and transitioning to a cleaner, smarter, more sustainable power grid.